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President's parliament speech rises Nifty to new high

Jun-10-2014 | 0 Comments

President's parliament speech rises Nifty to new high Mumbai: A slew of reform measures aimed at reviving growth and investment spelled out by President Pranab Mukherjee in his speech to the joint session of Parliament powered equity markets to an all time high on Monday.

After opening the day on a positive note, the Sensex hit a lifetime high of ... Read Full Story »

Workers at Maruti, Hero, Suzuki to go on strike tomorrow

Feb-20-2013 | 0 Comments

Workers at Maruti, Hero, Suzuki to go on strike tomorrow NEW DELHI: Production at leading automobile companies in the Gurgaon-Manesar belt, including Maruti Suzuki, Hero MotoCorp and Suzuki Motorcycle India, will be hit on Thursday as workers have decided to stay away from work in support of the two-day strike called by central trade unions than began today.
... Read Full Story »

SC order will not impact our operations: Sistema Shyam

Feb-16-2013 | 0 Comments

SC order will not impact our operations: Sistema Shyam NEW DELHI: Sistema Shyam Teleservices (SSTL), which operates under the brand name MTS, said the Supreme Court order for telecom firms which were unsuccessful and did not participate in the 2G spectrum auction process to cease operations, does not impact it.

The apex court yesterday said the "en... Read Full Story »

Petrol bomb: Price hiked Rs 1.50/ltr, diesel 45 paise

Feb-16-2013 | 0 Comments

Petrol bomb: Price hiked Rs 1.50/ltr, diesel 45 paise NEW DELHI: State-run fuel retailers have decided to raise petrol prices by Rs 1.50 a litre and diesel by 45 paise per litre, excluding local tax, from Friday midnight. The actual pump price would be a little higher, as per the tax (VAT) rate in each state.

This is the first time petrol price is... Read Full Story »

Bharti Airtel raises call tariffs by almost 100%

Jan-23-2013 | 0 Comments

Bharti Airtel raises call tariffs by almost 100% NEW DELHI, Jan 23 (Reuters) - Bharti Airtel Ltd, India's top mobile phone carrier, said it has raised voice call prices to account for rising costs, sending shares of telecommunication companies higher as investors bet that rivals will follow the market leader.

Idea Cellular Ltd, India's No.3 ... Read Full Story »

Jaguar Land Rover to assemble second model in India at an entry price of Rs 44.5 lakh

Jan-21-2013 | 0 Comments

Jaguar Land Rover to assemble second model in India at an entry price of Rs 44.5 lakh NEW DELHI: Tata Motors-owned Jaguar Land Rover said on Monday it will start assembling of one variant of its luxury sedan XF in India, thereby bringing down the starting price of the model by over Rs 12 lakh.

The variant, which will be the second JLR model in India, with a 2.2 litre diesel eng... Read Full Story »

Gold extends losses on poor demand; silver recovers

Jan-18-2013 | 0 Comments

Gold extends losses on poor demand; silver recovers NEW DELHI: Despite firm global trend, gold prices extended losses for the second straight day by losing Rs 150 to Rs 31,000 per ten grams in the national capital on Friday due to poor demand.

However, silver found some buying support from industrial units and coin makers and recovered by Rs 200... Read Full Story »

Inflation at three-year low, hopes of RBI rate cut rise

Jan-14-2013 | 0 Comments

Inflation at three-year low, hopes of RBI rate cut rise NEW DELHI: India's headline inflation slowed to its lowest level in three years, hardening expectations for an interest rate cut by the RBI later this month to boost an economy that is set to post its slowest growth in a decade.

The wholesale price index (WPI), India's main inflation indicator,... Read Full Story »

Govt postpones GAAR implementation by 2 years to 2016

Jan-14-2013 | 0 Comments

Govt postpones GAAR implementation by 2 years to 2016 NEW DELHI: Giving a big relief to overseas investors, the government has postponed implementation of controversial GAAR provisions by two years to April 1, 2016.

"Having considered all the circumstances and relevant factors, the government has ...decided that provisions of Chapter 10A of the In... Read Full Story »

Gold declines on sluggish demand; silver up on global cues

Jan-14-2013 | 0 Comments

Gold declines on sluggish demand; silver up on global cues NEW DELHI: India's headline inflation slowed to its lowest level in three years, hardening expectations for an interest rate cut by the RBI later this month to boost an economy that is set to post its slowest growth in a decade.

The wholesale price index (WPI), India's main inflation indicator,... Read Full Story »

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